Ralph Lauren Corp Class A (RL)

Number of days of payables

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020
Payables turnover		5.11	4.53	4.42	4.57	6.62	5.50	4.91	5.02	6.13	4.80	4.46	3.83	4.62	4.27	4.22	4.88	4.33	5.12	6.59	14.82
Number of days of payables	days	71.49	80.54	82.66	79.94	55.13	66.34	74.33	72.64	59.55	76.12	81.88	95.34	79.08	85.50	86.55	74.72	84.39	71.30	55.41	24.63

March 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 5.11
= 71.49

The number of days of payables for Ralph Lauren Corp Class A has shown fluctuations over the past few years. It ranged from a low of 24.63 days as of June 30, 2020, to a high of 95.34 days as of June 30, 2022. The trend indicates an increase in the number of days it takes for the company to pay its suppliers, with some periods showing more significant changes than others.

For the most recent period reported as of March 31, 2025, the number of days of payables stood at 71.49 days. This suggests that the company is taking around 71.49 days on average to pay its payables, which may indicate a stabilizing trend after the fluctuations observed in previous periods.

Analyzing the number of days of payables ratio can provide insights into the company's liquidity management and its relationships with suppliers. A longer number of days of payables may indicate that the company is able to hold onto cash for a longer period, potentially improving its liquidity position. However, it may also reflect strained relationships with suppliers if extended payment terms are causing issues.

Overall, monitoring the number of days of payables can help stakeholders assess the efficiency of Ralph Lauren Corp Class A's working capital management and its ability to maintain healthy supplier relationships.